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    1140 Garfield Ave Lancaster, PA 17601

    For Lease
    $5 SF/Yr

    Lancaster Industrial Flex Space; Two Buildings Available

    Lot size:
    77,875 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Lancaster County industrial property, known as the Garfield Business Center, offers a combined 77,875 square feet of flexible space across two buildings. Situated on a desirable 3.4-acre corner lot, this property boasts a prime location with easy access to major transportation arteries including Routes 283, 30, and 222, ensuring seamless logistics. The buildings feature a total of two loading docks and seven drive-in loading doors, providing ample flexibility for various operational needs. With 54 parking spaces available, employee and visitor parking is well accommodated. The property is zoned for Central Manufacturing and offers the added benefit of adjacency to a rail line (though no spur is currently present). Currently, two spaces are available, ranging in size from approximately 30,751 square feet to 47,124 square feet, presenting a unique opportunity for businesses seeking versatile industrial space. The property's parcel number is 339-33763-0-0000. This property is also available for sale. This is an excellent opportunity to establish a strong presence in a thriving Lancaster County location.

    Property Features for 1140 Garfield Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    77,875 SF
    Total Rate
    37315.1

    Unit(s) available at that property

    Space
    Building A
    Size
    47,124 SF
    Rate per SF
    $5
    Space
    Building B
    Size
    30,751 SF
    Rate per SF
    $5

    HighLights

    • 77,875 SF industrial flex space in Lancaster County.
    • Two buildings totaling 77,875 square feet available for lease.
    • 3.4‑acre corner lot with excellent access to major roadways (Routes 283, 30, and 222).
    • Features 2 loading docks and 7 drive‑in doors.
    • 54 parking spaces available.
    • Zoned for Central Manufacturing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nolt's Auto Parts Auto Parts Store Select Service & Repair ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.318463216219
    Latitude
    40.057589340975

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    FAQs

    What type of property is this?
    Flex space - Lancaster Industrial Flex Space; Two Buildings Available
    Where is this flex space located?
    The property is located at 1140 Garfield Ave Lancaster, PA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 77,875 SF industrial flex space in Lancaster County.; Two buildings totaling 77,875 square feet available for lease.; 3.4-acre corner lot with excellent access to major roadways (Routes 283, 30, and 222).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1140 Garfield Ave Lancaster, PA 17601
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